The OECD has released key documents that will form the basis of the MAP peer review and monitoring process under Action 14 of the [Base Erosion and Profit Sharing (BEPS) Action Plan](http://www.oecd.org/tax/beps/action-plan-on-base-erosion-and-profit-shifting-9789264202719-en.htm). The Action Plan identified 15 actions to address BEPS in a comprehensive manner.
According to the OECD:
*”Taxation is at the core of countries’ sovereignty, but in recent years, multinational companies have avoided taxation in their home countries by pushing activities abroad to low or no tax jurisdictions. The G20 asked OECD to address this growing problem by creating this action plan to address base erosion and profit shifting. This plan identifies a series of domestic and international actions to address the problem and sets timelines for the implementation.”*
[MAP Review Release](http://www.oecd.org/ctp/dispute/g20-oecd-beps-project-advances-tax-certainty-agenda-with-the-launch-of-global-review-of-map-programmes.htm?utm_source=Adestra&utm_medium=email&utm_content=%C2%BB%20Read%20more&utm_campaign=Tax%20News%20Alert%2020-10-2016&utm_term=demo)